Gbp/Nzd shows a head and shoulders pattern on the weekly chart,
the pattern is still working and the ultimate target of this pattern is around 2.23 area
The RSI is very high, and the MACD is strongly bullish too, on the weekly chart
The pair has already pierced the 2.10 level and I believe it will be above those highs
at the beginning of December
Gbp/Nzd Weekly Chart
On the daily chart we can see that if the price stays above the last lows around 2.03
then the daily fibonacci expansion level of …
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